MANAGEMENT OF BUSINESS PROCESSES OF INDUSTRIAL ENTERPRISES WITH IDENTIFICATION OF RISKS

Introduction. One of the strategic directions of the country's socio-economic development is the advancement of domestic industry, which requires the use of modern methods for planning the production of competitive products and managing enterprises. However, applying advanced methods sometimes requires industrial enterprises to completely restructure their own production processes. Under these circumstances, identifying risks in the management of business processes at industrial enterprises becomes an important component of the strategy for safety and stability. Purpose. The purpose of the article is to study the main aspects of forming a business process management system at an industrial enterprise with risk identification. Materials and methods. The research materials include the principles of economic theory and scientific works of domestic and foreign scholars on business process management at industrial enterprises and risk management. The following scientific methods were used in the course of the study: theoretical generalization and grouping. Results. The essence of business processes and the main aspects of interpreting enterprise business processes are examined. The key properties of enterprise business processes include: sequence, structure, purpose and outcome, participants and roles, interconnection and integration, monitoring and optimization. These properties also encompass the ability to monitor and optimize to ensure their effectiveness and alignment with the strategic goals of the enterprise. These features allow companies to efficiently manage their activities, achieve set goals, and maintain competitiveness in the market. An important stage in the management and optimization of business processes is their classification. This helps to better understand which processes are taking place at the enterprise, how they are interconnected, and what resources they utilize. A critical tool for risk management, ensuring stability, and successful enterprise operations is the identification of business process risks. Risk identifiers are necessary for several key purposes: recognizing risks, assessing their impact, planning risk management measures, preparing crisis plans, increasing awareness, and fostering participant involvement. They help to understand which factors influence the effectiveness and efficiency of a business process. It has been proven that managing business processes at an industrial enterprise with consideration of risks is a key aspect of effective management. The approach that enables enterprises to effectively identify, assess, and manage risks in business processes has been substantiated, which in turn increases their resilience and competitiveness. Discussion. Future scientific research proposes to focus on the implementation of a risk monitoring system within the management of business processes, as well as the development of appropriate methods for their analysis. This will allow for the improvement of the methodology and organization of business process management at industrial enterprises.